Vancouver Foundation

The Vancouver Foundation is an organization based in Vancouver, British Columbia. It administers over 1,600 funds and assets totalling $930 million, on behalf of individuals, families, corporations and charities.

Vancouver Foundation
Foundedincorporated 1943 (established by act of the Provincial legislature, 1950)
FocusCommunity foundation
Location
  • Vancouver, BC, Canada
Area served
British Columbia
Key people
Board Chair, Miranda Lam; President & CEO, Kevin McCort
EndowmentCan$1.2 billion
Employees
50

History

Vancouver Foundation was founded in 1943[1] by Alice MacKay. MacKay had saved $1,000 from her secretarial job and wanted to help homeless women trapped in a cycle of poverty.

Whitford Julian VanDusen oversaw the establishment and incorporation of Vancouver Foundation. VanDusen added $10,000 to the endowment and encouraged nine friends to match his own gift. In 1950, the Foundation was incorporated by the Legislature of British Columbia in a Special Act.[2]

Activities

Vancouver Foundation, in partnership with its donors, has distributed more than $1 billion to community projects and programs.[1] In 2014, Vancouver Foundation and its donors made more than 4,900 grants, and distributions totalling approximately $57 million, to registered charities across Canada.

About 70 percent of grant amounts are received within the Lower Mainland region with the remainder in other parts of the province of British Columbia.[3]

Grant recipients range from social services to medical research groups, to organizations devoted to arts and culture, the environment, education, children and families, youth, and animal welfare.[4]

By 2017, the foundation's grant recipients will be required to release their work under Creative Commons licence, which permits anyone to use the product freely without copyright limitations.[3]

References
  1. "Don Cayo: Vancouver Foundation endows $1 million a week, in amounts as small as $100". Vancouver Sun. Retrieved 2016-03-28.
  2. "Vancouver Foundation Act". bclaws.ca.
  3. Hager, Mike (2015-05-18). "Vancouver Foundation to make its research available for free". Globe and Mail. Retrieved 2016-01-06.
  4. Vancouver Foundation | Recognition
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